as per me 42600is the level that gold fut can touch as the mcx goldm fut
and formula is = spot = 1787 *100/3.73 = 47908
but goldm fut price is 48100
its difference of 300 pts
so you calculate for spot price our target is 1600 so
1600*100/=42900 note ; difference canbe of 300 pts
and formula is = spot = 1787 *100/3.73 = 47908
but goldm fut price is 48100
its difference of 300 pts
so you calculate for spot price our target is 1600 so
1600*100/=42900 note ; difference canbe of 300 pts
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